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AI Chips / Semiconductors2 articles
Latest news, updates, and announcements from Olix.
FundingAug 3, 2026
Olix raises $312M at $3.3B valuation for AI chip design, with Arm backing
London-based AI chip startup Olix has raised $312 million in a Series round led by Fundomo, with participation from Arm, at a $3.3 billion valuation. The company designs specialized processors for AI...
FundingFeb 12, 2026
UK-based Olix has secured $220M in funding led by Hummingbird Ventures, reaching a $1B valuation as...
UK-based Olix has secured $220M in funding led by Hummingbird Ventures, reaching a $1B valuation as Europes newest AI unicorn. The startup is developing an Optical Tensor Processing Unit that integrat...